Does the company pay (interim and final/annual) dividends in an equitable and timely manner; that is, all shareholders are treated equally and paid within 30 days after being (i) declared for interim dividends and (ii) approved by shareholders atgeneral meetings for final dividends?

For the fiscal year ending 31 December 2016, the company announced the payment date on 13/4/2017 at the minutes of AGM 15/3/2017.

Right to participate in decisions concerning fundamental corporate changes.

Do shareholders have the right to participate in:

A.2.1

Amendments to the company's constitution?

Article 26 (1) The attendance forum and decision of General Meeting of Shareholders toward matter must be decided in the meeting shall be implemented with the following provisions: a. Attended by the shareholders representing more than 1/2 (half) of total shares with legal voting rights and the decision shall be legal where approved by more than 1/2 (half) of total shares with voting rights attending the meeting.

Article 26 (4) Securities issuance of equity and/ or increase in issued and fully paid capital shall be in the AGM attended by shareholders of series A and more than 1/2 of the shareholders and approved by more than 1/2 of the shareholders present.

The transfer of all or substantially all assets, which in effect results in the sale of the company?

Article 26 (2) Transfer of assets or make a guarantee of more than 50% of the company's net worth must be approved by the AGM attended by 3/4 shareholders and approved by more than 3/4 of the existing shareholders.

Right to participate effectively in and vote in general shareholder meetings and should be informed of the rules, including voting procedures, that govern general shareholder meetings.

A.3.1

Do shareholders have the opportunity, evidenced by an agenda item, to approve remuneration (fees, allowances, benefit-in-kind and other emoluments) or any increases in remuneration for the non-executive directors/commissioners?

Article 11 (18) dan 14 (27) The amount and type of salary allowances/ facilities/ tantiem of the board of Directors and Board of Commissioners shall be determined by the AGM. In which case the AGM may delegated the authority to the Board of Commissioners.

Do the minutes of the most recent AGM record that theshareholders were given the opportunity to ask questions and the questions raised by shareholders and answers given recorded?

1. AGM Code of Conduct. AGM chairperson extends the opportunity to shareholders of their proxies to pose questions/ responses and/ or proposals to the AGM agenda.AR BRI 2016 Page 298

2. Any questions and responses are recorded in the minutes of general meeting of shareholders (decision of AGM book year 2016 eyes of event 2 determination of the company's net income of the book year 2015). AR BRI 2016 Page 306

A.3.6

Does the company disclose the voting results including approving, dissenting, and abstaining votes for all resolutions/each agendaitem for the most recent AGM?

Summary of minutes AGM (outcomes) are alwaysuploaded on company website no later than 1 working days after AGM in Indonesian and English

AGM Provisions; 3. The attendance of shareholder in the AGM can be represented by other shareholders or by a third party authorized by a power of attorney. Members of the board of Directors, board of Commissioners, Secretary of the board of Commisioners, and the Bank Employees can represent a shareholder in the AGM: however, they shall not cast a vote on behalf of the shareholders.

Does the company gave oportunity for shareholder to place item on the agenda of AGM?

Article 24 (6) Suggestion of meeting's agenda might be proposed by the shareholders with the following provisions: a. The shareholders might suggest the meeting's agenda in writing to the Director's Board at less 7 (seven) days before calling the AGM.

Markets for corporate control should be allowed to function in an efficient and transparent manner.

A.4.1

In cases of mergers, acquisitions and/or takeovers requiring shareholders approval, does the board of directors/commissioners of the offeree company appoint an independent party to evaluate the fairness of the transaction price?

Based on Decision of Chairman of Capital Market Supervisory Agency number Kep-52/PM/1997 about Business Conduct or Business Trading Public or Emiten Company (point 4.a.2 and 4.b.9), BRI uses independent party to evaluate the fairness of the transaction price.

The exercise of ownership rights by all shareholders, including institutional investors, should be facilitated.

A.5.1

Does the company disclose its practices to encourage shareholders to engage the company beyond AGM?

A number of efforts undertaken by BRI to invite shareholdersto come to the GMS and to cast vote were:1. Submit notification on the plan to convene the GMS at the latest 14 (fourteen) days prior to the date of GMS invitation and publish the GMS invitation at the latest 21 (twenty one) days prior to the date of the GMS.2. Submit notification and invitation to the GMS through publication media that is easy to be accessed by shareholders namely national newspapers, stock exchange website and BRI website.3. Up load materials of the GMS to the BRI website during invitation period.4. Send email and BRI contact details that can be easily accessed to answer questions or handle information request from the shareholders.

Where the company has more than one class of shares, does the company publicise the voting rights attached to each class of shares (e.g. through the company website / reports/ the stock exchange/ the regulator's website)?

BRI has 2 (two ) type of Shares, namely Series A Dwiwarnashares and Series B shares. The Series A Dwiwarnashareholders are owned only by the government of Indonesia and The Series B for public.

Does each resolution in the most recent AGM deal with only one item, i.e., there is no bundling of several items into the same resolution?

AGM Agenda and Resolutions 2017 have 7 point each of :

Approval of the Company Annual Report and the ratification of the Company Consolidated Financial Statements, the Board of Commissioners Supervisory Actions Report and ratification of the Annual Report of Partnership and Community Development Program for the financial year of 2016 including submission of Accountability report for the use of proceeds from public offering of the Revolving Bond I of Bank BRI phase II and III 2016 by the number of emissions amounted IDR 9.000.000.000.000 (Nine Trillion Rupiah) and Revolving Bond II Bank BRI phase I 2016 amounted IDR 4.600.000.000.000 (Four Trillion Six Hundred Billion Rupiah) and granting full release and discharge (volledig acquit et de charge) to all members of the Board of Directors and Board of Commissioners from the management and supervisory actions carried out for the financial year ending December 31st 2016.

Approval of the use of the Net Profit of The Company for the financial year of 2016.

Approval on the salary of the Board of Directors, honorarium, tantiem and allowance for the Board Commissioners, as well as the facilities and other benefits for all members of the Board of Directors and Board of Commissioners of the Company.

The appointment of Public Accountant Firm to audit the Company’s Financial Report and the Financial Report on the Partnership and Community Development, Program for the financial year of 2017.

Approval on the enactment of Regulation of Ministry of State-Owned Enterprises No. PER-03/MBU/12/2016 on Amendment to Regulation of Ministry of State- Owned Enterprises No. PER-09/MBU/07/2015 regarding The Partnership Program and Community Development Program of State-Owned Enterprises on December 2016.

Approval on the Amendment to the Articles of Association of the Company.

Change of the member of the Boardof Commissioners and/or Board of theCompany.

Are the profiles of directors/commissioners ( at least age, academic qualification, date of first appointment, experience, and directorships in other listed companies) in seeking election/re-election included?

BRI has re-appointment BRI has re-appointment Public Accountant Firm and a substitute Public Accountant Office in the case thatPurwantono, Sungkoro & Surjaasthe appointed Public Accountant Firm for any reason fails to complete the audit of the Company’s financial report and the Financial Report of the Partnership and Community Development Program for the financial year 2017 as well as to determine the honorarium and other terms applicable to the appointed Public Accountant Firm and the substitute Public Accountant Firm.

Does the company have a policy requiring directors /commissionersto disclose their interest in transactions and any other conflicts of interest?

Based on BapepamandLKRegulationNo.IX.E.1attachmentof ChairmanofBapepamandLKResolutionNo.Kep-412/BL/2009dated25November2009concerningAffiliated Transaction and Conflict of Interest of Certain Transaction.

BRI have been disclosed the Conflict of Interest Transaction in Annual Report

Does the company have a policy requiring a committee ofindependent directors/commissioners to review material RPTs todetermine whether they are in the best interests of the companyand shareholders?

Based on BapepamandLKRegulationNo.IX.E.1attachmentof ChairmanofBapepamandLKResolutionNo.Kep-412/BL/2009dated25November2009concerningAffiliated Transaction and Conflict of Interest of Certain Transaction.

Does the company have a policy requiring board members (directors/commissioners) to abstain from participating in the board discussion on a particular agenda when they are conflicted?

Guidelines for Handling Conflict of Interest (Joint Decision of the Board of Commissioners and Board of Directors of BRI No.02 - KOM/BRI/05/2012 and Nokep: S.104-DIR/DKP/05/2012 dated May 24, 2012)In case of the conflict of interest as referred to in paragraph (19), the ones who/which have the right to represent the Company are:a.Any other member of the Board of Directors who is not in a conflict of interest with the Company;b.The Board of Commissioners, if all of the members of the Board of Commissioners are in a conflict of interest with the Company; orc.Another party appointed by the General Meeting of Shareholders if all of the members of the Board of Directors and the Board of ommissioners are in a conflict of interest with the Company.

A member of the Board of Directors have no right to representthe Company if :a.are engaged in a lawsuit at the Court between the Company with the concerned Members of Board of Directorates in which;b.the members of Board of Directors there is a conflict ofinterest between the interest of the Company.

Does the company disclose that RPTs are conducted in such a wayto ensure that they are fair and at arms' length?

Themainpurposethetransactionwithrelatedparties is to offer BRI operational support. All transaction in 2016 were conducted fairly and at arm’s length as indicated by the independent auditor’s opinion Consolidated Financial Statements of The Year

The rights of stakeholders that are established by law or through mutual agreements are to be respected.

Does the company disclose a policy and practices that address :

C.1.1

The existenceand scope of the company's efforts to address customers' welfare?

BRI has given its best effort to address the customer's wellfare. BRI ensure the reliability with delivering the information to customer through authoritative and responsible work unit (Over 10.643 Operationg Units and 283.453 e-channel units). BRI also facilitate an easy acces to the customer regarding product and its benefits on Bank's Website. BRI also regularly conduct customer survey to improve its service in line with customer's desire.

BRI has a list of partners of goods/services that are employed for the procurement of goods/services in BRI. The partners’ list is created by vendors’ selection that fulfills the qualifications and requirements. The implementation of becoming BRI’s partners up to the selection as vendors of goods/services has been conducted transparently based on the stipulated requirements, in order to apply Good Corporate Governance principles.

The company's efforts to interact with the communities in which they operate?

BRI has a commitment to continuosly provide its best effort to enhance and develop communities. BRI fulfill its responsibility with two main activities. those are Community Development Program and Partnership Program. There is a lot of program, during 2016, that has been realized such as Indonesia Sehat, Indonesia Cerdas, etc.

BRI has been in line with the government regarding the anti corruption policies. To continuosly improve its practices especially in culture, BRI applies the Code of Conduct, strenghten it with directives from Board of Directors, enhancing the cooperation with KPK, provide some workshop and training as the evidence and commitment to anti corruption culture.

Does the company have a separate report/section that discusses its efforts on environment/economy and social issues?

CSR Report is written on Annual Report meanwhile the discussion concerning BRI's efforts on environtment, economy and social issues also published in the Sustainability Report in www.BanngaBeRIndonesia.co.id

Where stakeholder interests are protected by law, stakeholders should have the opportunity to obtain effective redress for violation of their rights.

C.2.1

Does the company provide contact details via the company's website or AnnualReport which stakeholders (e.g. customers,suppliers, general public etc.) can use to voice their concerns and/or complaints for possible violation of their rights?

BRI provide contact details including Head and Regional Office that should be useful stakeholders (e.g. customers, suppliers, general public etc.) either in Annual Report or in Website. BRI also provide procedures and mechanism for customer complaint that could be accessed with internet, website, phone call, etc

Performance-enhancing mechanisms for employee participation should be permitted to develop.

C.3.1

Does the company explicitly disclose the policies and practices on health, safety and welfare for its employees?

BRI explicitly disclose a set of rule concerning health, safety, and welfare policy for its employees especially about facilities such as health care, medical center, general medical check up, pension program and so does with welfare and it's given with detail that BRI, during 2016, has spent Rp.18.525.833 Million.

Does the company explicitly disclose the policies and practices on training and development programmes for its employees?

BRI has had training and development program to enhance the capacity of the employee including Orientation program, application education program and development program. There is 1.492.423 participant of this training program. BRI also develops human resources with building BRI learning center that facilitate the employee since 2015. In order to enhancing the employee's capacity, BRI taken a new step developing Digital Learning so that the education can be accessed by the employee in all areas.

Stakeholders including individual employeeand their representative bodies, should be able to freely communicate their concerns about illegal or unethical practices to the board and their rights should not be compromised for doing this.

C.4.1

Does the company have a whistle blowing policy which includes procedures for complaints by employees and other stakeholders concerning alleged illegal and unethical behaviour and providecontact details via the company's website or annual report

BRI has a whistle blowing policy which include procedure for complaints by employees and other stakeholder concerning alleged illegal and unethical behaviour and has been stated in Annual Reportwithin details such as contacts; mechanism and protection for whistle blowers.

Does the Annual Report contain a statement confirming the company's full compliance with the code of corporate governance and where there is non-compliance, identify and explain reasons for each such issue?

Are the roles and responsibilities of the board of directors/commissioners clearly stated ?

1. The roles and responsibilities of the board of director have been stated in Annual Report page 322 -3232. The roles and responsibilities of the board of commissioners have been stated in Annual Report page 310 -311

Does the board of directors play a leading role in the process of developing and reviewing the company's strategy at least annually?

The scope of responsibilities of the Board of Directors/Commissioners include Provide opinion and approval of the Company’s work plan consisting of the Company’s Long Term Plan (RJPP),the Bank’s Business Plan (RBB), the Company’s Work Plan and Budget (CBP), the Work Plan and Budget ofthe Partnership Program and Community Development (PKBL) as well as direct, monitor and evaluate the implementation of the Bank’s strategic policies. Annual Report and Article of Assosiation

Does the board of directors monitor/oversee the implementation of the corporate strategy?

Board of directors always monitor the implementation of the company's strategy. The join meeting of The Board of Commissioners and Directors on the monitor the implementation of the company strategy has been disclosed in the Annual Report

Are all directors/commissioners, senior management and employees required to comply with the codes?

BRI’s code of Conduct applies to all employees in their day-to- day conducts as a representation of BRI’s Business ethics. The principles defined in BRI Code of Conducts set the guidelines for work activities. BRI's Code of Conduct disclosed in Annual Report page 456 - 457

E.2.3

Does the company disclose how it implements and monitors compliance with the code of ethics or conduct?

1. BRI conducted dissemination of the Code of Conductin a number of working units in various activities, including education, workshops and Performance Improvement Forums (FPK) in every working unit.2. BRI implements strategies that promote value creation for all its stakeholders, resulting in a sustainable financial performance for the Bank as one from of implementation of the nine of the code of ethics3. In Monitoring the implementation of the code of etics, BRI uses Whistleblowing system to provide reports code of etic violation and BRI also apply anti fraud strategy.

Do independent directors/commissioners make up at least 50% of the board of directors/commissioners?

The number of commisioners BRI there are 8 pepole with 5 independent commissioners and 3 non-independent commissioners. Information of the board of commissioner has been disclosed in Annual Report page 311

E.2.5

Does the company have a term limit of nine years or less or 2 terms of five years 1 each for its independent directors/ commissioners?

1. Term limit for board of directors has been disclosed in the articles of assosiation article 11, paragraph 92. Term limit for board of commissioners has been disclosed in the articles of assosiation article 14, paragraph 11

Has the company set a limit of five board seats that an individual independent/non-executive director/commissioner may holdsimultaneously?

1. A member of the Board of Directors shall not have a double function, Articles of assosiation article 11, paragraph 26 and Annual Report page 3202. Board of Commissioners shall not have a double function, Articles of assosiation article 14, paragraph 26 and Annual Report page 312

Does at least one of the independent directors/commissioners of the committee have accounting expertise (accounting qualification or experience)?

Mr . Ahmad Fuad Rahmany, He once served as :1. Director General of Taxes of the FinanceMinistry2. ex-officio Commissioner of the DepositInsurance Corporation3. Chairman of Capital Marketand Financial Institution Supervisory Body4. Deputy of Finance and Funding of Aceh-Nias Rehabilitationand Reconstruction Agency5. Director of TreasuryBonds Management6.Head of the Center for StateBods ManagementBoard Of Commissioners Profile, Annual Report page 88

E.2.23

Is the meeting attendance of the Audit Committee disclosed and, if so, did the Audit Committee meet at least four times during theyear?

The Audit Committee meeting more than 4 times a year and the meeting attendance have been disclosed in Annual Report page 374

E.2.24

Does the Audit Committee have primary responsibility for recommendation on the appointment, and removal of the externalauditor?

Audit Committee have primary responsibility for recommendation on the appointment, and removal of the externalauditor, Annual Report Page 370

E.3

Board Processes

Board meetings and attendance

E.3.1

Are the board of directors meeting scheduled before the start of financial year?

Board of Directors and Board of Commissioners join meeting has been disclosed in Company Website

E.3.2

Does the board of directors/commissioners meet at least six times during the year?

Does the company disclose the criteria used in selecting new directors/commissioners?

1. The Board of Directors member Criteria have been disclosed in Article of Association article 11, Paragraph 32. The Board of Commissioners member Criteria have been disclosed in Article of Association article 14, Paragraph 4

Are all directors/commissioners subject to re-election every 3 years; or 5 years for listed companies in countries whose legislationprescribes a term of 5 years2 each?

1. Board of commissionerscan be re-elected every 5 years, Article of Association artcile 14, paragraph 112. Board of Director can be re-elected every 5 years, Article of Association artcile 11, paragraph 9

Does the company disclose its remuneration (fees, allowances, benefit-in-kind and other emoluments) policy/practices (i.e. the use of short term and long term incentives and performance measures) for its executive directors and CEO?

Do the shareholders or the Board of Directors approve the remuneration of the executive directors and/or the senior executives?

Board of Commissioners then sent a letter No. ST.06-KOM/06/2016 on 27 June 2016 to the Ministry of SOE as the Dwiwarna Series A Shareholder on the proposal of Board of Directors’ Remuneration/Board of Commissioners’ honorarium of 2016 and approved by the Ministry of SOE asDwiwarna Series A Shareholder through a letter No. S-88/D5.MBU/06/2016 dated 27 June 2016 on the determination of Remuneration/Honorarium, Allowance, Facilities for 2016 PT Bank Rakyat Indonesia (Persero) Tbk (BRI) which was later determined with Decision Letter of Board of Commissioners BRI No.R.30-KOM/06/2016 dated 28 June 2016. Annual Report page 332

E.3.15

Does the company have measure to align performance based remuneration with long-term interest of the company, such as claw back, deferred bonuses?

Is the head of internal audit identified or, if outsourced, is the name of the external firm disclosed?

The head of internal audit in the same level with Senior Executive Vice President and is an internal employee of BRI, Annual Report page 98

E.3.18

Does the appointment and removal of the internal auditor require the approval of the Audit Committee?

SKAI is chaired by the Head of SKI (in the same level with Senior Executive Vice President) who is appointed andterminated by the President Director with the approval of the Board of Commissioners. Annual Report page 418

Risk Oversight

E.3.19

Does the company establish a sound internal control procedures/risk management framework and periodically reviewthe effectiveness of that framework?

1. The internal control system has been disclosed in the Annual Report page 440 - 4432. The Risk Management System has been disclosed in Annual Report page 428 - 439

Does the Annual Report disclose that the board of directors/commissioners has conducted a review of the company's material controls (including operational, financial and compliance controls) and risk management systems?

The Risk Management System andBoard review has been disclosed in Annual Report

Does the company have a policy that encourages directors/commissioners to attend on-going or continuous professional education programmes?

1. BRI provides training or competence development program for the directors, comprising general issues and specific issuesrelated to their respective tasks. The training program is implemented to improve the functioning and effectiveness of the Board of Directors. Annual Report page 324

Right to participate effectively in and vote in general shareholders meeting and should be informed of the rules, including voting procedures, that govern general shareholders meeting.

(B)A.1.1

Does the company allow the use of secure electronic voting in absentiaat the general meetings of shareholders?

One of The Shareholders' rights is attending, expressing opinion and casting a vote in General Meetings of Shareholders, based on the principles of 1 (one) share, 1 (one) vote . The attendance of a shareholder in the GMS can be represented by other shareholders or by a third party authorized by a Power of Attorney. Members of the Board Directors, Board of Commissioners, Secretary to the Board of Commissioners and the Bank Employees can represent a shareholder in the GMS. However, they shall not cast a vote on behalf of shareholders. GMS Voting Method is using Electronic tools (using Barcode).

Does the company use professional search firms or other external sources of candidates (such as director databases set up by director or shareholder bodies) when searching for candidates to the board of directors/commissioners?

The Nomination and Remuneration Committee will solicit candidates of the Board of Directors based on the pre-established qualifications. This netting process involves external agencies (Assessment Center Indonesia -ACI- and Assessment Center Telkom -ACT-). After screening process, the Nomination and Remuneration Committee proposes candidates to the Board of Commissioners.

(B)E.4

Board Structure & Composition

(B)E.4.1

Do independent non-executive directors/commissioners make up more than 50% of the board of directors/commissioners?

Independent non-executive commissioners make up more than 50% of the board of commissioners. BRI have 5 independent commissioners of 8 existing commissioners .

1. RMOC is one of the organs of the Board of Commissioners established in order to support the effective implementation of supervisory duties and responsibilities of the Board of Commissioners.2. RMC is one of the organs of the Board of Directors who have autority to providing recommendations regarding the Company’s risk management to the President Director